Monday, September 23, 2019

MGM — GOING OUT LIKE A LAMB?

October 8, 2010 by · Leave a Comment 

MGM would appear to be the latest media company to fall into bankruptcy after being sold to owners who paid too much for it in a leveraged buyout ($4.8 billion) and then discovered that they weren’t earning enough to pay interest on the debt. Published reports said today (Friday) that the studio is attempting to […]